PALM oil prices are rallying and so are share prices of plantation companies on Bursa Malaysia. With IOI Corp Bhd hitting its all-time high and Golden Hope Plantations Bhd at a multi-year high, optimism surrounding plantation stocks is at a near fever pitch. A global push towards biodiesel is a key factor in the increase in crude palm oil prices, which has a favourableimpact on plantation stocks on Bursa Malaysia. STARBIZ asked Golden Hope chief executive Datuk Sabri Ahmad to shed some light on what is happening in the plantation sector and its outlook.
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